China's Growing GDP

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The idea that we are used to of millions of Chinese laborers coming here from the countryside looking for work is much less true today then it was ten years ago, and ten years from now it's going to be false.

More than half of the construction cranes in the world are in China. The country is experiencing a huge spike in growth, reporting a ten percent increase of it's GDP. Bill Adams, resident economist with the Conference Board China Centre in Beijing, explains why the country is seeing such growth and how it's affecting the labor force.

He says that the country experienced a boom in construction beginning in 2009, when the country began to recover from the global recession.